Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.004%
Price spread now: KuCoin against Phemex+0.041%7-day average +0.038% · you sell dearer than you buy
Net, funding: paid 7d − costs−$184as in the Funding arb table
Net, price: spread back to 7d avg − costs−$177as in the Price arb table
costs, in and out, $10k−$1781.776% of the position
Funding, last 7 days−0.061%−$6 on $10k
+Price spread, last 3 days (all we have)−0.097%−$10 · spread now +0.041%, 7d avg +0.038%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex GRAMUSDT | 1.4490 | 0.0100 | pay 0.0050% / 4h | 38m 30s | $1.6M | $1.7M | 20x |
| Short | KuCoin GRAMUSDTM | 1.4496 | 0.0100 | get 0.0050% / 4h | 38m 30s | $8.9M | $10.9M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Phemex. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $0
- Price spread: +0.041% → +0.038%
- $0.32
- Slippage, 4 orders
- −$153.56
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$177.24
- Costs to cover
- 1.776%
- Break-even
- never at this rate
Slippage from Phemex: live order book, 5 min ago; KuCoin: live order book, 5 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Phemex live order book, 5 min ago | 10.33 bp | 67.0 bp −$67 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 5 min ago | 0.34 bp | 13.1 bp −$13 | 47.2 bp −$472 | doesn't fit | doesn't fit |
GRAM on 21 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective GRAM/USDC PERP | +0.0033% | 1h | 1.4490 | 0.000% | $4K | $143K | 12x | as long as short |
| Paradex GRAM-USD-PERP | +0.0100% | 8h | 1.4490 | −0.001% | $2K | $30 | 5x | as long as short |
| Hyperliquid GRAM | +0.0100% | 1h | 1.4508 | +0.124% | $35.7M | $7.0M | 5x | as long as short |
| Binance GRAMUSDT | +0.0100% | 4h | 1.4494 | +0.026% | $20.5M | $26.8M | 50x | as long as short |
| Bybit GRAMUSDT | +0.0100% | 4h | 1.4497 | +0.048% | $30.7M | $13.9M | 50x | as long as short |
| OKX GRAM-USDT-SWAP | +0.0100% | 4h | 1.4490 | 0.000% | $8.6M | $8.5M | 50x | as long as short |
| Gate GRAM_USDT | +0.0100% | 4h | 1.4497 | +0.048% | $3.7M | $3.2M | 75x | as long as short |
| MEXC GRAM_USDT | +0.0100% | 4h | 1.4490 | 0.000% | $15.4M | $2.7M | 20x | as long as short |
| KuCoin GRAMUSDTMshort | +0.0100% | 4h | 1.4496 | +0.041% | $8.9M | $10.9M | 50x | |
| Bitget GRAMUSDT | +0.0100% | 4h | 1.4493 | +0.021% | $7.1M | $3.9M | 50x | as long as short |
Show all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Backpack GRAM_USDC_PERP | +0.0100% | 1h | 1.4491 | +0.007% | $43K | $15K | 10x | as long as short |
| edgeX GRAMUSDC | +0.0100% | 4h | 1.4492 | +0.013% | $17K | $271K | 10x | as long as short |
| ApeX Omni GRAMUSDT | +0.0100% | 1h | 1.4490 | 0.000% | $13K | $591K | 50x | as long as short |
| Orderly PERP_GRAM_USDC_mythos | +0.0100% | 4h | 1.4490 | 0.000% | $2K | $1K | 10x | as long as short |
| SunX GRAM-USDT | +0.0100% | 4h | 1.4517 | +0.186% | $7K | $591K | 10x | as long as short |
| Phemex GRAMUSDTlong | +0.0100% | 4h | 1.4490 | long leg | $1.6M | $1.7M | 20x | |
| Extended GRAM-USD | +0.0104% | 1h | 1.4494 | +0.027% | $169K | $123K | 5x | as long as short |
| Aster GRAMUSDT | +0.0154% | 4h | 1.4518 | +0.193% | $966K | $99K | 50x | as long as short |
| HTX GRAM-USDT | +0.0287% | 4h | 1.4546 | +0.386% | $336K | $628K | 30x | as long as short |
| BloFin GRAM-USDT | +0.0340% | 4h | 1.4500 | +0.069% | $1.4M | $216K | 50x | as long as short |
| Lighter GRAM | +0.0824% | 1h | 1.4525 | +0.239% | $2.7M | $2.3M | 20x | as long as short |
Phemex GRAMUSDT
KuCoin GRAMUSDTM
Injective GRAM/USDC PERP
Paradex GRAM-USD-PERP
Hyperliquid GRAM
Binance GRAMUSDT
Bybit GRAMUSDT
OKX GRAM-USDT-SWAP
Gate GRAM_USDT
MEXC GRAM_USDT
Bitget GRAMUSDT
Backpack GRAM_USDC_PERP
edgeX GRAMUSDC
ApeX Omni GRAMUSDT
SunX GRAM-USDT
Extended GRAM-USD
Aster GRAMUSDT
HTX GRAM-USDT
BloFin GRAM-USDT
Lighter GRAM